Financial Analyst - Power Delivery (PD) Transmission Capital

This position supports Power Delivery by being responsible for providing accounting and financial support as well as assisting in the preparation and monitoring of the PD Capital Budget. Expectations include monthly reporting and variance analysis, providing monthly cash flow projections that will aid in monthly and year-end budget projections, compiling and submitting financial information to Corporate & Regulatory Planning, providing budget and financial information for Power Delivery Management, and participating in the capital budget prioritization process. The candidate is expected to utilize various databases and financial applications.

Responsibilities

This position is responsible for analyzing the business, identifying issues, and recommending solutions that improve the business unit's budget/financial or operational performance in areas of responsibility including, but not limited to:

- Prepare monthly Capital actual/budget and projection reports.

- Provide budget variance explanations and summary reports to management.

- Collaborate with Transmission Project Management, Transmission Engineering Services, Transmission Construction, and Distribution Planning with preparation of the Capital Budget and ensuring that projects are properly budgeted.

- Prepare documentation for the PD monthly budget meetings and prioritization meetings.

- Lead data collection and revision of the budget and projections.

- Budget/financial research, analysis, planning, preparation, monitoring, etc.

- Provide budgeting and accounting services and training for Power Delivery clients.

- Ensure accurate accounting & providing general accounting services.

- Provide management with analysis and information to help with allocation of resources and identification of cost savings opportunities.

- Provide guidance and data such as CapEx, removal, salvage, retirements, placed-in-service, etc. to Financial Planning for development of financial models.

- Keep compliance highly visible. Perform required control activities and audits to ensure compliance with internal controls, processes, and procedures.

- Lead and/or manage special projects as required.

- Establish and maintain effective relationships and communications with business unit and corporate partners.

- Support your business unit ensuring that all budget / cost targets are met.

Job Qualifications

Job Experience & Education:

- A 4-year bachelor’s degree in Business, Accounting, Finance, or related field is preferred.

- Experience in Utility Industry Budgeting & Accounting Organization preferred.

- Experience in Budget preparation, reporting, and analysis.

Knowledge, Skills & Abilities

- Ability to develop and maintain complex Excel Pivot Tables.

- Proficiency with PowerPlan and/or Oracle Cloud applications a plus.

- Utility or FERC accounting experience a plus.

- Knowledge of budgeting, accounting, auditing, costing and financial principles

- Analytical and problem-solving skills are required, along with the ability to identify and implement process improvements.

- Excellent organizational skills, time management skills, and written and oral communications skills.

- Must exhibit a positive attitude and be a team player, self-motivated, and energetic, and innovative.

- Must be willing to take full responsibility for duties and work effectively under the pressure of deadlines and constantly shifting priorities.

Other Requirements

- Driver’s license required.

- Extended hours required when needed.

- Occasional travel required, including some overnight.

- In-office four days per week with one day per week telecommuting if workload and in-office meetings allow.

- Commutable distance of Birmingham required.

Alabama Power provides safe, reliable, and affordable electricity to 1.5 million customers across the lower two-thirds of Alabama.

For more information, visit www.AlabamaPower.com and connect with the company on Facebook (Facebook.com/AlabamaPower), Twitter (Twitter.com/AlabamaPower), LinkedIn (Linkedin.com/company/alabama-power), and Instagram (Instagram.com/alabamapower).

Southern Company (NYSE: SO ) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable and affordable energy with excellent service is our mission. The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy solutions provider with national capabilities, a fiber optics network and telecommunications services. Through an industry-leading commitment to innovation, resilience and sustainability, we are taking action to meet customers' and communities' needs while advancing our goal of net-zero greenhouse gas emissions by 2050. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success. We are transforming energy into economic, environmental and social progress for tomorrow. Our corporate culture has been recognized by a variety of organizations, earning the company awards and recognitions that reflect Our Values and dedication to service. To learn more, visit www.southerncompany.com .

Southern Company invests in the well-being of its employees and their families through a comprehensive total rewards strategy that includes competitive base salary, annual incentive awards for eligible employees and health, welfare and retirement benefits designed to support physical, financial, and emotional/social well-being. This position may also be eligible for additional compensation, such as an incentive program, with the amount of any bonus/awards subject to the terms and conditions of the applicable incentive plan(s). A summary of the benefits offered for this position can be found here https://seo.nlx.org/southernco/pdf/SOCO-Benefits.pdf . Additional and specific details about total compensation and benefits will also be provided during the hiring process.

Southern Company is an equal opportunity employer where an applicant's qualifications are considered without regard to race, color, religion, sex, national origin, age, disability, veteran status, genetic information, sexual orientation, gender identity or expression, or any other basis prohibited by law.

Job Identification: 14293

Job Category: Finance

Job Schedule: Full time

Company: Alabama Power